How To Withdraw Money From Fiverr

Looking for the safest and easiest way to withdraw money from Fiverr?

Millions of people make money on this popular freelancing platform, however, money withdrawal may be challenging, especially for new sellers.

In this article, we will look at how to withdraw money from Fiverr and withdrawal methods available. We’ll also outline the benefits of a Wise multi currency account that could potentially save you money if you’re receiving payments from overseas clients.

How Withdrawal Works on Fiverr¹

Withdrawals on a Fiverr UK account can only be achieved 14 days after an order has been marked completed, although top-rated sellers on Fiverr wait for only seven days to withdraw their earnings. The waiting period acts as the buyer’s satisfaction guarantee and is a measure to resolve any disagreements or disputes that may occur between the freelancer and client.

Once the compulsory waiting period is over, it’s quite quick and easy to withdraw money from Fiverr. There are three ways to do this; the first two methods are provided by Payoneer, while Paypal provides the third method. Here is a step-by-step guide².

• Check the available balance to withdraw on Fiverr. You can do this by clicking on the earnings option on your dashboard.

• Choose your preferred withdrawal method. In the Available funds section, click Manage payout methods or the **Withdraw balance button

Choose your payout method. This can be PayPal, Fiverr Revenue Card, and Direct Deposit. However, the direct deposit option is only for sellers in the United States.

How to withdraw money from Fiverr to Payoneer³

Payoneer is an American payment platform that allows merchants to receive and transfer money to people worldwide without requiring a merchant account. Payoneer doesn’t allow merchants to directly invoice customers. Instead, businesses request payment through the platform and wait for their customers to send funds.

There are two available options available on Fiverr that enable sellers to withdraw money from Fiverr. Sellers can either send money to their Fiverr Revenue card (a prepaid debit card from Mastercard), or withdraw money directly to their bank account through Payoneer.

How to withdraw money to a Fiverr Revenue Card⁴

• Log in to your Fiverr account, and go to Selling menu then click on the earnings option on your dashboard.

• Check the available balance to withdraw by clicking the earnings option to see how much you have

• After clicking on the earnings, Select your withdrawal options. Click on the Fiverr revenue card, enabling you to withdraw your money to your Payoneer account.

• As soon as you do this, you will receive an email notification with a link to enter your Payoneer username and password.

Terms and conditions of the Fiverr Revenue Card

• The minimum amount of withdrawal allowed on the Fiverr Revenue Card is $30

• To receive funds from the Fiverr Mastercard within two days attracts a fee of $1. While receiving funds within 2 hours attracts a $3 fee. You can select your options on your Payoneer dashboard.

How a Fiverr Revenue Card Works

Payoneer provides its clients with a Fiverr revenue card, powered by Mastercard. The Fiverr Mastercard works like a debit card; it is flexible to use and accessible for sellers to get their money. After withdrawing money to the Fiverr revenue card, you can use the card for online shopping or take the cash from an ATM.

Withdrawing money from Fiverr using Payoneer is instant, however, withdrawals made outside office hours may take two working days before receiving the money in your account.

How to Withdraw from Fiverr to PayPal⁵

PayPal is an online site that allows the transfer and receipt of money. It’s a globally recognised platform and funds can be transferred instantly. You can also add your debit or credit card details whenever you want to pay for items, or services online.

Funds received into your PayPal account can sit in the account until you intend to spend them, or you can transfer them to your bank account.

How to get started

Start by setting up your PayPal account. Here are the steps:

• Log in to your account, and check your earnings.

• Select the PayPal account as the withdrawal option, and you will receive an instant notification that indicates the withdrawal process.

• Click on the link in the mail sent, and you will be redirected to Fiverr.

• Configure your PayPal account by entering the email address associated with your PayPal account.

• Then click on the ‘Connect to the PAYPAL option’ You will receive a verification email afterward. The email contains instructions that you must follow to make withdrawals.

After setting up your PayPal account

• Go to the earnings on your dashboard, and select PayPal as your option of withdrawal.

• You’ll receive a notification showing the withdrawal process has started.

• The minimum withdrawal on PayPal is $1, and withdrawing from Fiverr using PayPal does not attract any charge.

Is there a fee to withdraw money from Fiverr?

There is no fee attached to fund withdrawal on Fiverr, although withdrawal platforms have certain fees attached to the withdrawal of funds, and the fees are dependent on the kind of withdrawal processed. If you are withdrawing in a different currency, you will be required to confirm the currency and amount.

International payments made easy with Wise Business

If you want to reduce the currency conversion cost, consider using the Wise multi-currency account to withdraw your money from PayPal or Payoneer. With no hidden fees or exchange rate markups, you could get paid faster and save money too.

Get started with Wise Business🚀

| Note: For policy reasons, Fiverr does not permit sellers to make more than one withdrawal in 24 hours, and the maximum amount of money that can be withdrawn is $5,000 per day, while the lowest amount of money is $1. Moreover, the availability of withdrawal services on Fiverr depends solely on the funding policy that withdrawal providers such as Payoneer and Paypal offer. Withdrawing money on Fiverr is accessible regardless of the currency or the country of the seller.

Sources used in this article:

Sources last checked April 26, 2024